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Suspend partnership agreement with Tema Energy and Processing Limited -OSP directs TOR

Jessel Lartey Therson-CofiebyJessel Lartey Therson-Cofie
November 23, 2023
in News, Top Stories
Reading Time: 1 min read
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The Office of the Special Prosecutor has directed the Tema Oil Refinery to suspend the proposed partnership agreement with Tema Energy and Processing Limited.

According to the OSP, it has commenced an analysis of the risk of corruption regarding the proposed partnership agreement between the two companies.

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In a statement signed by the Special Prosecutor, Mr Kissi Agyebeng and copied to RGG News he stated that the analysis is in fulfilment of the mandate of the OSP as enshrined in regulation 31(1)(a) of the OSP (Operations) Regulations, 2018 (L.I. 2374) and the objects of section 2(c) of the OSP Act, 2017(Act 959).

“You are directed to immediately suspend the proposed partnership agreement, ongoing negotiations, operations, and all other ancillary activities arising out of and consequent upon the proposed partnership agreement until you are otherwise advised by the Special Prosecutor,” the statement read.

The OSP further directed the TOR to furnish its outfit with all the necessary documents on the proposed partnership agreement before the close of business on Tuesday, December 5th, 2023.

Tags: OSP

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